20151104

Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2015 & January 2016

Indian Banks’ Association
HR & Industrial Relations
No.CIR/HR&IR/76/D/2015-16/1572
October 31, 2015
All Members of the Association
(Designated Officers)
Dear Sirs,
Dearness Allowance for Workmen and Officer Employees in banks for the months of November, December 2015 & January 2016 under X BPS/ Joint Note dated 25.5.2015
The confirmed All India Average Consumer Price Index Numbers for Industrial Workers (Base 1960=100) for the quarter ended September 2015 are as follows:-
July 20156003.21
August 20156026.04
September 20156071.69
The average CPI of the above is 6033. Consequently, Dearness Allowance payable to employees is for 398 slabs for the period November, December 2015 and January 2016 i.e. an increase of 34 slabs over the current level.
In terms of clause 7 of the 10th Bipartite Settlement dated 25.05.2015 and clause 3 of the Joint Note dated 25.05.2015, the rate of Dearness Allowance payable to workmen and officer employees for the months of November, December 2015 and January 2016 shall be 39.80% of ‘pay’. While arriving at dearness allowance payable, decimals from third place may please be ignored.
We advise banks to pay the difference between the old and revised salary and allowance to officers on an ad hoc basis, pending amendments to Officers’ Service Regulations.
Note : The DA Payable under IXth Bipartite Settlement/Joint Note dated 27.04.2010 is @ [119.85% (6033-2836)=3197/4] i.e. 799 slabs @0.15% per slab).
source-http://www.iba.org.in/Documents/DA-nov2015-jan2016.pdf

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PUBLIC SECTOR BANK

S.n. Public Sector Banks Web Site
N.
1 Allahabad Bank ................... http://www.allahabadbank.com/
2 Andhra Bank ............................. www.andhrabank-india.com/
3 Bank of Baroda ..................... http://www.bankofbaroda.com/
4 Bank of India ............................ http://www.bankofindia.com/
5 Bank of Maharashtra ................ www.maharashtrabank.com/
6 Canara Bank .......................... http://www.canbankindia.com/
7 Central Bank of India .............. www.centralbankofindia.co.in/
8 Corporation Bank ........................ http://www.corpbank.com/
9 Dena Bank ................................... http://www.denabank.com/
10 Indian Bank .......................... http://www.indian-bank.com/
11 Indian Overseas Bank .......................... http://www.iob.com/
12 Industrial Developmen BANK (IDBI) ........... www.idbi.com/
13 Oriental Bank of India ................ http://www.obcindia.com/
14 Punjab & Sind Bank .................... http://www.psbindia.com/
15 Punjab National Bank ................ http://www.pnbindia.com/
16 State Bank of India ................... www.statebankofindia.com/
17 Syndicate Bank ................. http://www.syndicatebank.com/
18 UCO Bank .................................... http://www.ucobank.com/
19 Union Bank of India ................. www.unionbankofindia.com/
20 United Bank of India .............. www.unitedbankofindia.com/
21 Vijaya Bank .......................................... www.vijayabank.com/


Associate Banks of SBI

S.N Associate Banks of SBI Web Site
1 State Bank of Bikaner & Jaipur .............. www.sbbjbank.com/
2 State Bank of Hyderabad ................. http://www.sbhyd.com/
3 State Bank of Indore ............................. www.indorebank.org/
4 State Bank of Mysore ........................ www.mysorebank.com/
5 State Bank of Patiala ............................ http://www.sbp.co.in/
6 State Bank of Saurashtra ............. http://www.sbsbank.com/
7 State Bank of Travancore www.statebankoftravancore.com/

Private Sector Banks

S.No Private Sector Banks Web Site
1 AXIS Bank Ltd. ........................... http://www.axisbank.com/
2 Centurion Bank of Punjab Ltd ........ www.centurionbop.co.in/
3 City Union Bank Ltd. ......... http://www.cityunionbank.com/
4 Coastal Local Area Bank Ltd. ..... www.coastalareabank.com/
5 Cpital Local Area Bank Ltd ............... www.capitalbank.co.in/
6 Development Credit Bank Ltd. ......... http://www.dcbl.com/
7 ICICI Bank Limited ..................... http://www.icicibank.com/
8 IndusInd Bank Limited................ http://www.indusind.com/
9 ING Vysya Bank Ltd. ...................... www.ingvysyabank.com/
10 Karnataka Bank Ltd. ............. http://www.ktkbankltd.com/
11 Kotak Mahindra Bank Ltd .............. http://www.kotak.com/
12 Krishna Bhima Samruddhi Local Area Bank Ltd
13 SBI Commercial and International Bank Ltd .............. www.sbici.com/
14 Tamilnad Mercantile Bank Ltd ............ http://www.tmb.in/
15 The Bank of Rajasthan Ltd ....... www.bankofrajasthan.com/
16 The Dhanalakshmi Bank Limited. ...... www.dhanbank.com/
17 The Federal Bank Ltd. ....... http://www.federal-bank.com/
18 The HDFC Bank Ltd. ................ http://www.hdfcbank.com/
19 The Jammu & Kashmir Bank Ltd. ..................... http://www.jammuandkashmirbank.com/
20 The Karur Vysya Bank Ltd. ............ http://www.kvb.co.in/
21 The Lakshmi Vilas Bank Ltd. ....... http://www.lvbank.com/
22 The Nainital Bank Ltd.
23 The Ratnakar Bank Ltd. ......... www.theratnakarbank.com/
24 The South Indian Bank Ltd. .... www.southindianbank.com/
25 Yes Bank Limited ....................... http://www.yesbank.co.in/

Foreign Banks

S.N. Foreign Banks Web Site
1 AB Bank Limited ..............................http://www.abbank.org/
2 ABN AMRO Bank N.V. .................. www.abnamroindia.com/
3 Abu Dhabi Commercial Bank Ltd. ...... www.adcbindia.com/
4 Bank Internasional Indonesia ............... www.biimum.com/
5 Bank of America N.A. ................. www.bankofamerica.com/
6 Bank of Bahrain & Kuwait BSC .......... www.bbkonline.com/
7 Barclays Bank Plc ......................... http://www.barcap.com/
8 BNP PARIBAS ..................... http://www.bnpparibas.co.in/
9 Calyon Bank ......................... http://www.ca-indosuez.com/
10 Citibank N.A. ............................ http://www.citibank.co.in/
11 Deutsche Bank AG .............................. http://www.db.com/
12 J P Morgan Chase Bank, National Association ..... www.jpmorgan.com/
13 Krung Thai Bank Public Company Limited
14 Mashreqbank psc .............. http://www.mashreqbank.com/
15 Mizuho Corporate Bank Ltd
16 Oman International Bank S A O G ...... www.oiboman.com/
17 Societe Generale ............................... http://www.sgcib.com/
18 Societe Generale .............................. http://www.sgcib.com/
19 Sonali Bank Ltd. .......................
20 Standard Chartered Bank .... www.standardchartered.com/
21 State Bank of Mauritius Ltd. .. http://www.sbmonline.com/
22 The Bank of Nova Scotia ........ http://www.scotiabank.com/
23 . The Bank of Tokyo-Mitsubishi, Ltd
.24 The Development Bank of Singapore Ltd. (DBS Bank Ltd.) ............................................... http://www.dbs.com/
25 The Hongkong & Shanghai Banking Corporation Ltd.......... http://www.hsbc.co.in/ ·

Co-operative Banks

S.N. Co-operative Banks Web Site
1 Abhyudaya Co-op. Bank Ltd.
2 ACE Co-operative Bank Ltd.
3 Am anath Co-op. Bank Ltd. ........ www.amanath-bank.com
4 Apna Sahakari Bank Ltd ......... www.apnabankltd.com
5 Bassein Catholic Co-op. Bank Ltd.
6 Bombay Mercantile Co-op. Bank Ltd.
7 CITIZENCREDIT Co-op. Bank Ltd. .. www.citizencreditbank.com
8 Dombivli Nagari Sahakari Bank Ltd. .. www.dnsb.co.in
9 Jalgaon Janata Sahakari Bank Ltd.
10 Janakalyan Sahakari Bank Ltd . www.janakalyanbank.com
11 Janalaxmi Co-op Bank Ltd.
12 Janata Sahakari Bank Ltd. .. www.janatabankpune.com
13 Mahesh Sahakari Bank Ltd., Pune
14 Nagpur Nagarik Sahakari Bank Ltd.
15 New India Co-op. Bank Ltd. .. www.newindiacobank.com
16 Nutan Nagarik Sahakari Bank Ltd.
17 Punjab & Maharashtra Co-op. Bank Ltd.www.pmcbank.com
18 Rajkot Nagarik Sahakari Bank Ltd. www.rnsbindia.com
19 Rupee Co-op. Bank Ltd. .. www.rupeebank.com
20 The A.P. Mahesh Co-op. Urban Bank Ltd. .......www.maheshbank.org
21 The Bharat Co-op. Bank (Mumbai) Ltd.
22 The Cosmos Co-op. Bank Ltd. ... www.cosmosbank.com
23 The Deccan Merchants Co-op. Bank Ltd.
24 The Greater Bombay Co-op. Bank Ltd. .......www.greaterbank.com
25 The Gujarat Industrial Co-op. Bank Ltd.
26 The Jalgaon Peoples Co-op. Bank Ltd.
27 The Kalupur Commercial Co-op. Bank Limited .....www.kalupurbank.com
28 The Kapol Co-op. Bank Ltd. .. www.kapolbank.com
29 The Karad Urban Co-op. Bank Ltd. .......... www.karadurbanbank.com
30 The Mahanagar Co-op. Bank Ltd. .. ..... www.mahanagarbank.com
31 The Municipal Co-op. Bank Ltd
32 The North Kanara GSB Co-op. Bank Ltd. ........www.nkgsbank.com
33 The Saraswat Co-op. Bank Ltd. . www. saraswatbank.com
34 The Shamrao Vithal Co-op. Bank Ltd. .........www.svcbank.com
35 The Surat Peoples Co-op. Bank Ltd. www.spcbl.com
36 The Thane Janata Sahakari Bank Ltd. ......www.thanejanata.co.in
37 The Urban Co-op. Bank Ltd.
38 The Zoroastrian Co-operative Bank Ltd ........ www.zoroastrianbank.com